My God, you explained this topic perfectly in less than 7 minutes and I understood everything. I have a IB HL Economics teacher here and he tried to teach us this in 2 lessons and nobody understood it. You're a role-model teacher!
Greetings from Pennsylvania State! Your video helped me significantly solidify the concepts taught in my econ class, and I just wanted to thank you for this video. Keep up the good work and the great teaching. -Jon
This video blew my mind. So much makes sense now. Thank you so much for making these, they're allowing me to understand all the material on my final tomorrow!
this is the best way to learn economics. i cant imagine how i'd be trying to fig out all these from textbooks. thanks God for technology, and thank you too.
You might have an idea of how many people you´ve been helping with your lessons... Be sure, however, that it´s far more than you can think of. Congratulations and thank you very much. Regards from Brazil :=)
Hi, I just love all your videos. I actually try to watch every single one of your vids. I am an economics major and many times when I get home I forget everything we did in class, so I rely on your videos. Thank you so much. :)
thanks! THANKS ALLOT! keep doing whatever ur doing lol allot of students are actually in need of these kinds of videos as we speak.. u dont know how much i needed this! thanks!!!!!!
Got my AS exam in a couple of weeks, this will definitely help me out. I didn't know half of this stuff when doing price elasticity. We just did the basic stuff. Thanks a lot.
thanks Mr. Holden It is absoludtly clear and very helpfull, especially for all of those students that are struggling with principles of economy;Once again, thanks
I'm working towards my CFA Level 1 and I still find this extremely useful - very interesting concept of how the inelastic curve and elastic curves are just a specific portion of the full linear straight line demand curve - brilliant!
oh my god i actually had no idea about half of this! even though i didnt need to know about it for my ecn2 exam next week, it will be so helpful to know for ecn6 if i do well in my a level economics, it will be down to the legend that is you, mr holden!! thank you so much! :)
Thank you for your kind comment! IT really is a pleasure to be of any help. I am planning to make some more videos in the next week or two and I will definitely do something on market failure. Hope that will be of use up in fantastic Newcastle!
Thank you so much for this video! I was helping my brother with his homework and when I found this video I stopped trying to figure it out and just had him listen to you. lol
I suppose it's worth sharing with you that I am an Irish Public Servant watching this on the morning of an exam in economic analysis... Ireland learning lessons from Greece :)
I have homework due in 2 hours and I forget what my book said so I figured I'd learn faster by watching a visual UA-cam to teach me! :D So far so good!
Wow thank you so much!!! I have been trying to figure out the reason why the upper portion of a demand curve is elastic whereas the bottom portion is inelastic there I go! I got my answer. Thanks Mr Paj!
Thanks for that explanation, my Econ professor hasn't really explained the elasticity of linear demand very well. I always assumed it had solely to do with the slope of the curve, but now I see that it's about the percentage change.
Great videos, thank you so much! Exam the day after tomorrow, and I'm so tired of reading the book so thought I might change my way of revising. Not only this but many others I saw were of really high quality.
Thanks! I think this is even more helpful to young instructors like myself. We know the punchline but forgot to pay attention to the details of how to actually teach and lead up to the punchline. These give a teacher a second chance to pay attention to how it's taught.
Clear and eloquent. It will be great if you can do intermediate economics! Also if you create playlists based in subjects will be easier for students to find topics they are stuggling with. Thanks again!
Belgium says thank you! I was sick for a week and college does not go as slow as high school (haha…) so unfortunately I didn't get this part. Now I do. Thank you!
learned a lot..we dont have to learn about that, but it is better to know cause it makes far better sence and is easier to grasp when you know the ins and outs...thanks
You're the greatest you helped me understand elasticity so much better. Would it be possible for you to make a video about shifts in supply and demand curves and sliding up and down them?
Thanks this is really helpful! I didn't understand however why there was that change in elasticity along the linear PED curve; with perfect elasticity intercepting the y axis and perfect inelasticity at the x axis?
A British banker called John, working in Greece, once said to me that Greeks were the best on Earth for finding opportunities for successful private sector enterprise - and the worst in the world for organising a public sector. Still a great country to live in - John and I played together for the Athens Cricket Club.
ill admit man, im from Barbados and this concept has taken six minutes for me to understand. would u believe the material found in books is close to rocket science. its funny how these concepts are easily explained vs how they are placed in a book. Well, my econ exam is tomorrow. thanks a lot man.
@asznman yes, if the demand curve is more vertical it is inelastic (think of it being sort of like an 'I' for Inelastic) and the shallower or flatter the demand curve the more elastic the product is
My God, you explained this topic perfectly in less than 7 minutes and I understood everything. I have a IB HL Economics teacher here and he tried to teach us this in 2 lessons and nobody understood it.
You're a role-model teacher!
IF EVERY SCHOOL IN THE UK HAD TEACHERS LIKE YOU, OFSTED WILL STOP INSPECTING! YOU ARE THE BEST!
This video and the one before has taught me more in 15 minutes than I learned in a week. Thank you so much!
Greetings from Pennsylvania State! Your video helped me significantly solidify the concepts taught in my econ class, and I just wanted to thank you for this video. Keep up the good work and the great teaching.
-Jon
This video blew my mind. So much makes sense now. Thank you so much for making these, they're allowing me to understand all the material on my final tomorrow!
this is the best way to learn economics. i cant imagine how i'd be trying to fig out all these from textbooks. thanks God for technology, and thank you too.
Thanks from the States! You do a fantastic job at making this understandable in a very short amount of time.
You might have an idea of how many people you´ve been helping with your lessons... Be sure, however, that it´s far more than you can think of. Congratulations and thank you very much.
Regards from Brazil :=)
Hi, I just love all your videos. I actually try to watch every single one of your vids. I am an economics major and many times when I get home I forget everything we did in class, so I rely on your videos. Thank you so much. :)
Many thanks Phil, you've helped so many people out with your videos. Thanks from Nottingham, UK
I'll follow up on that agreement. this guy made this concept much easier to grasp. Thanks for posting this video!
thanks! THANKS ALLOT! keep doing whatever ur doing lol allot of students are actually in need of these kinds of videos as we speak.. u dont know how much i needed this! thanks!!!!!!
wow, seriously, i've learned more from you in the 5 min lectures than i've learned from my teacher in the past month.
Thank you for making this easy on me. You are one of many that are certainly making a difference!!!!!
Great teacher. Absolutely phenomenal.
Got my AS exam in a couple of weeks, this will definitely help me out. I didn't know half of this stuff when doing price elasticity. We just did the basic stuff. Thanks a lot.
thanks Mr. Holden It is absoludtly clear and very helpfull, especially for all of those students that are struggling with principles of economy;Once again, thanks
I'm working towards my CFA Level 1 and I still find this extremely useful - very interesting concept of how the inelastic curve and elastic curves are just a specific portion of the full linear straight line demand curve - brilliant!
my economics exam is in a week, and you have no idea how much this has helped me
thank you so much
:)
oh my god i actually had no idea about half of this! even though i didnt need to know about it for my ecn2 exam next week, it will be so helpful to know for ecn6
if i do well in my a level economics, it will be down to the legend that is you, mr holden!! thank you so much! :)
Such a great insight! That was a clear, understandable explanation. Thanks for all your great help in microeconomics!
just wanted to say thanks so much for the videos
they are extremely helpful and because of them i was able to achieve an A* at A level this year!
Great Great teacher! i am having an exam on elasticity in 5 hours, and i needed a review of the theory. THANK YOU VERY MUCH! Good Job!
wow...i never had the concepts so crystal clear in my head earlier...thanks a lot Sir
hi Greece! Thank you for this video, it really works, helped me to get sth much more than lecture. Greetings from Turkey!
thankyou, haven't been able to grasp this concept at all until seeing part 1 and 2, thankyou
Wow. Thank you again for the amazing video! Your style is so clear and to the point.
Great job, much more better than text books.
Tank u very much.
Waiting for new lessons.
Thank you for your kind comment! IT really is a pleasure to be of any help. I am planning to make some more videos in the next week or two and I will definitely do something on market failure. Hope that will be of use up in fantastic Newcastle!
Thank you so much for this video! I was helping my brother with his homework and when I found this video I stopped trying to figure it out and just had him listen to you. lol
I suppose it's worth sharing with you that I am an Irish Public Servant watching this on the morning of an exam in economic analysis...
Ireland learning lessons from Greece :)
Dude, I have an exam this Saturday. And you've just saved me from going through like 120 pages of test materials! Literally!!
Very interesting example there with the OPEC-countries and the demand curve. Awesome lecture!!
well don ,,, very good ,,, continue like this we all need it ,,, ur an excellent teacher
A natural born teacher :) Cheers!
I have homework due in 2 hours and I forget what my book said so I figured I'd learn faster by watching a visual UA-cam to teach me! :D So far so good!
Wow thank you so much!!! I have been trying to figure out the reason why the upper portion of a demand curve is elastic whereas the bottom portion is inelastic there I go! I got my answer. Thanks Mr Paj!
hi sir! I have my midterm tomorrow and you really helped me out. Thanks so much. Wherever you are I hope you have a wonderful day! Cheers~
Seriously you are the best teacher ever.
thank you so much i have understand very well way better than my instructor explains. thanks again from somalia mogadisho
Thanks Alot! I was never able to understand price elasticity of demand, but thanks to you, i can now!
thanks so much!!
you are a wAAAAAAAAY better economics teacher than ones in my school added together!
Thankyou mate, I have my AS exam on friday and have had a poor teacher all year! youve taught me what i needed to know. :)
Mr. Holden, you are great.............a good teacher
it's really great!
Thank you so much!
I used to think of elasticity a complex part,
but now I get some confidence to face it.
god i just love these economics classes. makes my "real" economics classes look unorganized.
THANK YOU SIR
thank you so much for posting this! this is really helping me revise for my AS exams! thanx again!
Excellent videos. Thank you for taking the time to make these. Immensely helpful for a college student as myself.
You are amazing and this was genuinely an excellent video.
I have an exam the day after and this helped me very much.
Thanks you loads. :)
You are the best! Please continue making these kinds of videos!
incredible video. never heard such concepts explained so well. wow. thanks!
very good way of teaching economics.great.ALLAH BLESS YOU
Thank you so much! You have no idea how much of a help you have been to me!
This guy is awesome!!!! Best youtube econ professor
Thanks for that explanation, my Econ professor hasn't really explained the elasticity of linear demand very well. I always assumed it had solely to do with the slope of the curve, but now I see that it's about the percentage change.
Great videos, thank you so much! Exam the day after tomorrow, and I'm so tired of reading the book so thought I might change my way of revising. Not only this but many others I saw were of really high quality.
I think I might as well owe my AS level to you when I take it haha, thanks very much. I've never found a youtube video as helpful
you have a very straightforward teaching..i like it
Ur d best teacher n role modle ever
I have midterm tomorrow and I dont get PED, then i watched ur video and u made it easy. Thank you so much! =)
i will like to say thanks for explaining PED so easy you're awsome !!!!!!!!!!!!
i must say you can explain really very well. ii just started my management studies and im looking forward to have more stuff about micro and macro
Thanks! I think this is even more helpful to young instructors like myself. We know the punchline but forgot to pay attention to the details of how to actually teach and lead up to the punchline. These give a teacher a second chance to pay attention to how it's taught.
Phil, you are the demi god of Heaton manor economics class.
Clear and eloquent. It will be great if you can do intermediate economics! Also if you create playlists based in subjects will be easier for students to find topics they are stuggling with. Thanks again!
Thank you very much!!!!!!!!!!!! I'm studying for my exams at last moment. ur lecture helped me a lot.......
this is the best video in the world it helped me out so much cause im doing studing overseas dnt have teacher just textboook tanx heaps
I failed to understand this concept in n hour of twenty minutes of lecture at my school. I just learned it all in seven minutes. Thanks!
You're the best!! thanks for the good hard
work!
You sir are a life saver. Total Ace.
Belgium says thank you!
I was sick for a week and college does not go as slow as high school (haha…) so unfortunately I didn't get this part. Now I do. Thank you!
learned a lot..we dont have to learn about that, but it is better to know cause it makes far better sence and is easier to grasp when you know the ins and outs...thanks
You are the Man! Very helpful! keep up the good work!
You are so clear and concise. Thank you.
thank you so much. you cleared that up for me so much. I was lost as to what the text book was actually saying about this topic
omg you are just amazing i was lost all way through until i saw this video RAHHHHHHHHHH thanks so so much!
well explained, it was interesting watching this.
I love this man I will like to ask him about A.G Barr in the UK which is elastic, anyway very helpful.
God bless you.
Awesome. very helpful I wish I would of found you vids 4 weeks ago!
what a great teacher! Thanks for the upload it helped a lot! :)
You are the best And i like ur pace
You're the greatest you helped me understand elasticity so much better. Would it be possible for you to make a video about shifts in supply and demand curves and sliding up and down them?
Brilliant ,many thanks ... keep up the good work !
This man got me through my stage 1 module, the morning before.
Great and clear explanation, thank you so much.
you explain this very well, hats off!
Thanks this is really helpful! I didn't understand however why there was that change in elasticity along the linear PED curve; with perfect elasticity intercepting the y axis and perfect inelasticity at the x axis?
thank you soo much sir...i wouldnt have able to learn it by myself in my full life :(
very helpful
A British banker called John, working in Greece, once said to me that Greeks were the best on Earth for finding opportunities for successful private sector enterprise - and the worst in the world for organising a public sector. Still a great country to live in - John and I played together for the Athens Cricket Club.
OMG, u are the best ! seriously the best !
i bloody love your explanation!
Thanks! Keep up the good work sir!
ill admit man, im from Barbados and this concept has taken six minutes for me to understand. would u believe the material found in books is close to rocket science. its funny how these concepts are easily explained vs how they are placed in a book. Well, my econ exam is tomorrow. thanks a lot man.
Very Helpful! Thank you so much for your valuable time!!
@FFMSmit all rubber bands? and the stuff balloons are made of?
Thank you, man...
Great work!!!
I LOVE THIS GUY AND CONCERTA!!!!!!
@asznman yes, if the demand curve is more vertical it is inelastic (think of it being sort of like an 'I' for Inelastic) and the shallower or flatter the demand curve the more elastic the product is
Doing my ACCA and this helped a LOT
good work of teaching!!